Polar Long Term Debt Total vs Other Stockholder Equity Analysis

POLA Stock  USD 2.95  0.35  10.61%   
Polar Power financial indicator trend analysis is much more than just breaking down Polar Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Polar Power is a good investment. Please check the relationship between Polar Power Long Term Debt Total and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polar Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Polar Stock refer to our How to Trade Polar Stock guide.

Long Term Debt Total vs Other Stockholder Equity

Long Term Debt Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Polar Power Long Term Debt Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Polar Power's Long Term Debt Total and Other Stockholder Equity is 0.81. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Polar Power, assuming nothing else is changed. The correlation between historical values of Polar Power's Long Term Debt Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Polar Power are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Long Term Debt Total i.e., Polar Power's Long Term Debt Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Debt Total

Other Stockholder Equity

Most indicators from Polar Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Polar Power current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polar Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Polar Stock refer to our How to Trade Polar Stock guide.As of November 26, 2024, Selling General Administrative is expected to decline to about 3.4 M. In addition to that, Issuance Of Capital Stock is expected to decline to about 1.5 M
 2021 2022 2023 2024 (projected)
Interest Expense60K58K559K587.0K
Depreciation And Amortization549K507K387K561.6K

Polar Power fundamental ratios Correlations

0.370.560.480.970.980.60.41-0.28-0.410.630.530.56-0.46-0.830.250.530.82-0.170.690.460.80.560.910.510.62
0.370.410.940.180.360.630.720.68-0.860.77-0.370.640.38-0.68-0.05-0.370.21-0.750.540.80.65-0.020.520.980.74
0.560.410.560.450.620.270.43-0.11-0.360.540.340.26-0.41-0.37-0.230.340.26-0.520.270.270.570.010.530.540.49
0.480.940.560.310.50.460.860.55-0.920.79-0.230.450.22-0.72-0.25-0.230.37-0.730.520.610.690.130.660.980.84
0.970.180.450.310.940.470.25-0.46-0.230.530.660.43-0.58-0.720.270.660.82-0.040.560.320.660.570.810.330.49
0.980.360.620.50.940.540.44-0.28-0.430.650.530.5-0.42-0.80.150.530.81-0.20.670.390.810.550.920.510.65
0.60.630.270.460.470.540.250.28-0.430.52-0.051.00.07-0.70.6-0.050.34-0.250.790.930.760.210.590.60.48
0.410.720.430.860.250.440.250.57-0.950.46-0.370.230.26-0.69-0.35-0.370.37-0.350.540.320.70.420.690.80.86
-0.280.68-0.110.55-0.46-0.280.280.57-0.650.18-0.930.30.8-0.2-0.09-0.93-0.22-0.340.310.440.26-0.10.020.560.43
-0.41-0.86-0.36-0.92-0.23-0.43-0.43-0.95-0.65-0.570.4-0.42-0.350.730.260.4-0.370.47-0.6-0.51-0.7-0.36-0.7-0.9-0.86
0.630.770.540.790.530.650.520.460.18-0.570.150.510.05-0.66-0.010.150.53-0.820.460.640.59-0.040.580.810.67
0.53-0.370.34-0.230.660.53-0.05-0.37-0.930.40.15-0.07-0.83-0.080.091.00.380.06-0.13-0.17-0.010.120.23-0.24-0.19
0.560.640.260.450.430.51.00.230.3-0.420.51-0.070.09-0.660.61-0.070.3-0.270.770.940.730.180.550.60.46
-0.460.38-0.410.22-0.58-0.420.070.260.8-0.350.05-0.830.090.03-0.14-0.83-0.33-0.230.10.2-0.03-0.15-0.20.230.2
-0.83-0.68-0.37-0.72-0.72-0.8-0.7-0.69-0.20.73-0.66-0.08-0.660.03-0.23-0.08-0.680.25-0.8-0.65-0.9-0.47-0.9-0.76-0.73
0.25-0.05-0.23-0.250.270.150.6-0.35-0.090.26-0.010.090.61-0.14-0.230.090.280.30.510.480.21-0.030.09-0.1-0.22
0.53-0.370.34-0.230.660.53-0.05-0.37-0.930.40.151.0-0.07-0.83-0.080.090.380.06-0.13-0.17-0.010.120.23-0.24-0.19
0.820.210.260.370.820.810.340.37-0.22-0.370.530.380.3-0.33-0.680.280.38-0.040.690.20.580.530.780.360.51
-0.17-0.75-0.52-0.73-0.04-0.2-0.25-0.35-0.340.47-0.820.06-0.27-0.230.250.30.06-0.04-0.06-0.5-0.230.43-0.17-0.73-0.44
0.690.540.270.520.560.670.790.540.31-0.60.46-0.130.770.1-0.80.51-0.130.69-0.060.650.870.490.810.590.65
0.460.80.270.610.320.390.930.320.44-0.510.64-0.170.940.2-0.650.48-0.170.2-0.50.650.66-0.010.460.740.5
0.80.650.570.690.660.810.760.70.26-0.70.59-0.010.73-0.03-0.90.21-0.010.58-0.230.870.660.50.90.740.8
0.56-0.020.010.130.570.550.210.42-0.1-0.36-0.040.120.18-0.15-0.47-0.030.120.530.430.49-0.010.50.670.10.54
0.910.520.530.660.810.920.590.690.02-0.70.580.230.55-0.2-0.90.090.230.78-0.170.810.460.90.670.660.78
0.510.980.540.980.330.510.60.80.56-0.90.81-0.240.60.23-0.76-0.1-0.240.36-0.730.590.740.740.10.660.83
0.620.740.490.840.490.650.480.860.43-0.860.67-0.190.460.2-0.73-0.22-0.190.51-0.440.650.50.80.540.780.83
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Polar Power Account Relationship Matchups

Polar Power fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.6M17.8M27.2M24.2M25.3M22.2M
Short Long Term Debt Total3.4M4.2M1.5M2.4M7.5M7.9M
Other Current Liab1.0M402K364K1.3M1.8M984.1K
Total Current Liabilities2.7M4.5M3.4M6.0M10.2M10.7M
Total Stockholder Equity18.4M11.5M23.3M18.2M13.2M17.3M
Net Tangible Assets22.4M18.4M11.5M23.3M26.7M17.3M
Property Plant And Equipment Net4.3M3.1M1.9M778K3.2M2.0M
Current Deferred Revenue197.5K703K897K2.1M1.6M1.7M
Net Debt543.1K2.5M(3.6M)2.2M7.0M7.3M
Retained Earnings(1.2M)(12.1M)(13.5M)(19.1M)(25.7M)(24.4M)
Accounts Payable574.5K311K328K230K1.8M1.9M
Cash2.8M1.6M5.1M211K549K521.6K
Non Current Assets Total4.4M3.2M2.0M871K3.3M2.1M
Long Term Debt777.9K796K268K57K65.6K62.3K
Cash And Short Term Investments2.8M1.6M5.1M211K549K521.6K
Net Receivables1.2M3.5M7.0M5.0M4.5M4.4M
Common Stock Shares Outstanding10.1M10.8M12.7M12.9M1.9M1.8M
Long Term Debt Total126.8K924.5K777.9K796K915.4K501.0K
Liabilities And Stockholders Equity23.6M17.8M27.2M24.2M25.3M22.2M
Non Current Liabilities Total2.4M1.8M536K57K1.9M1.9M
Inventory13.9M9.1M9.0M15.5M16.5M9.4M
Other Current Assets1.3M358K4.0M2.6M455.0K432.3K
Other Stockholder Equity19.6M23.6M36.8M37.3M38.8M24.1M
Total Liab5.2M6.3M3.9M6.0M12.1M12.7M
Property Plant And Equipment Gross4.3M1.5K6.2M7.1M8.1M8.5M
Short Long Term Debt328.2K1.7M242K2.1M4.6M4.8M
Total Current Assets19.2M14.6M25.2M23.3M22.0M20.1M
Short Term Debt945.8K3.0M1.7M2.6M5.7M6.0M
Property Plant Equipment2.1M4.3M3.1M1.9M2.2M1.9M
Capital Surpluse19.3M19.6M19.7M23.6M27.2M22.3M
Net Invested Capital19.5M14.0M23.8M20.3M17.7M16.2M
Net Working Capital16.4M10.1M21.8M17.4M11.8M13.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Polar Power offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Polar Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Polar Power Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Polar Power Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polar Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Polar Stock refer to our How to Trade Polar Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Heavy Electrical Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Polar Power. If investors know Polar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Polar Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.24)
Revenue Per Share
0.766
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.15)
Return On Equity
(0.47)
The market value of Polar Power is measured differently than its book value, which is the value of Polar that is recorded on the company's balance sheet. Investors also form their own opinion of Polar Power's value that differs from its market value or its book value, called intrinsic value, which is Polar Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Polar Power's market value can be influenced by many factors that don't directly affect Polar Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Polar Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Polar Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Polar Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.